Microsoft invests heavily in OpenAI

Mountain View, USA. © iStock.

Founded in 2015, OpenAI is behind several successful generative artificial intelligence technologies, including DALL-E image synthesis, the chatbot ChatGPT (based on GPT3), and GitHub Copilot, which helps developers write computer code. Microsoft already supported the company financially on several occasions, including a $1 billion USD investment in 2019, and it has started integrating OpenAI technologies into its products and in Azure most recently. News also mentions Microsoft's plans to soon integrate ChatGPT into its Bing search engine.

Microsoft recently announced that it will extend its long-term partnership with OpenAI with a “multiyear, multibillion dollar investment.” “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” says Microsoft CEO Satya Nadella. “The past three years of our partnership have been great,” said Sam Altman, CEO of OpenAI, in a press release. “Microsoft shares our values and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone.” The previous week, at the World Economic Forum in Davos, Satya Nadella said he believed we were entering a golden age of AI that will redefine work and business as we know them.

⇨ Ars Technica, Benj Edwards, “OpenAI and Microsoft announce extended, multi-billion-dollar partnership.”

2023-01-23